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Welcome to our Sector Comparison Page. On this page we will select a specific sector on industry on the JSE and compare the share price performance of various shares listed within each of these sectors on an interactive graphic that allows readers to change the dates and the graphic then recalculates the share price returns based on the starting and end date supplied.
Please note all data currently obtained from PSG-online. Visit them at www.psg.co.za |
11 May 2020: Ford vs Ferrari stock price performance
While they might be rivals on the race track and there was recently a big screen movie made called Ford vs Ferrari, there is absolutely no contest when it comes to the stock price performance of Ford vs Ferrari. The image below shows the stock price returns of both Ford and Ferrari from the start of 2016. And as it shows the stock price of Ferrari has surged while the stock of Ford has lanquished.
Since the start of 2016, the stock of Ferrari has returned 235.6% while the stock of Ford has declined by -62.5% over the same time period. An extraordinary difference in the performance of the two car manufacturers.
23 April 2020: MTN share price queries vs Vodacom share price queries
So today we decided not to do a stock price comparison but rather a comparison of the number of Google queries for MTN Share Price compared to Vodacom share price. And from the graphic below obtained from Google Trends it is clear that there are far more searches for MTN's share price than that of Vodacom. So either more people are invested in MTN and has an interest in its stock price, or more people are interested in buying MTN shares, or the more volatile behaviour of MTN's share price has lead to more queries regarding MTN's stock price.
10 March 2020: Dow Jones Industrial Average vs S&P 500 vs Nasdaq recent performance
The interactive chart below shows the Dow Jones Industrial Average index performance over the last month. As soon as a reader clicks on the S&P 500 and/or the Nasdaq the interactive graphic recalculates and shows the returns provided by the selected indices over the period selected by the user (base is 1 month). Readers can select their own dates (within the last 10 years) or can select from our predefined dates under the zoom category.
The image below shows the returns provided by the Dow Jones, S&P 500 and the Nasdaq over the last 12 months. And from the image below it is pretty clear that all the gains made by these indices in the last 12 months has been all but wiped out in the last couple of weeks as fears surrounding the Coronavirus grips world markets and the oil price plummeted as Saudi Arabia started a oil price war due to Russia not wanting to agree to cut production to support oil prices. The Saudi's are now looking to strong arm the Russians into agreement of cutting production by forcing prices down and economically hurting the Russians who's base cost for crude extraction is far higher than that of Saudi Arabia, basically Saudi Arabia can survive with lower oil prices a lot easier than Russia. Now these events sent markets into free fall and the graphic above and image below is proof of this
The summary below shows the returns provided by the Dow Jones, S&P 500 and the Nasdaq over the last 12 months:
- Dow Jones: -7.73%
- S&P 500: -2.69%
- Nasdaq: 3.41%
24 June 2019: Woolworths (WHL) vs Foshini (FOS) vs Mr Price (MRP)
In today's sector comparison page update we take a look at three of the main clothing retailers listed on the Johannesburg Stock Exchange (JSE) and they are:
And while they mostly seen as clothing retailers, these days they all sell other products such as house and home accessories, or Woolies with their Woolies Foods stores (which makes up a significant chunk of their revenues these days). So how does their share price performance over the last two years compare with one another? The interactive graphic below shows the share price performance of the three companies over the last two years.
Readers can click on the name of the various companies to add them to the graphic, and then select the time periods they want to compare these shares too, or enter particular dates in the graphic (within the last two years), or adjust the zoom scroll bar at the bottom and the graphic automatically calculates the returns for the time periods selected or provided by readers and shows the returns over the particular period next to the company name at the top of the graphic.
Below the graphic we provide a brief summary of the various companies share price performance over various periods.
- Woolworths (WHL)
- Foshini (FOS)
- Mr Price (MRP)
And while they mostly seen as clothing retailers, these days they all sell other products such as house and home accessories, or Woolies with their Woolies Foods stores (which makes up a significant chunk of their revenues these days). So how does their share price performance over the last two years compare with one another? The interactive graphic below shows the share price performance of the three companies over the last two years.
Readers can click on the name of the various companies to add them to the graphic, and then select the time periods they want to compare these shares too, or enter particular dates in the graphic (within the last two years), or adjust the zoom scroll bar at the bottom and the graphic automatically calculates the returns for the time periods selected or provided by readers and shows the returns over the particular period next to the company name at the top of the graphic.
Below the graphic we provide a brief summary of the various companies share price performance over various periods.
So what kind of returns has Woolworths, Mr Price and Foshini offered shareholders over the last month?
So what kind of returns has Woolworths, Mr Price and Foshini offered shareholders over since the start of the year (Year to date ((YTD))?
So what kind of returns has Woolworths, Mr Price and Foshini offered shareholders over the last 12 months (1 year)?
The share price returns of Woolworths, Mr Price and Foshini over the last 2 years?
the above clearly shows how Foshini (FOS) and Mr Price (MRP) has outperformed Woolworths (WHL) over the last year and even more so over the last two years. This is largely due to Woolworths struggling to whip their Australian acquisitions (David Jones and Country road) into shape, and they have written down large chunks of their initial investment in these groups, hurting their financials which in turn hurts their share price. While retailers and clothing retailers are under pressure in South Africa, Foshini and Mr Price still offered investors significant returns on their share prices over the last two years, with it far outstripping inflation and the overall market returns over the same time periods.
- Woolworths: 8.84%
- Mr Price: 8.65%
- Foshini: 2%
So what kind of returns has Woolworths, Mr Price and Foshini offered shareholders over since the start of the year (Year to date ((YTD))?
- Foshini: 8.85%
- Woolworths: -11.05%
- Mr Price: -16.38%
So what kind of returns has Woolworths, Mr Price and Foshini offered shareholders over the last 12 months (1 year)?
- Foshini: 4.28%
- Mr Price: -9..82%
- Woolworths: -12.32%
The share price returns of Woolworths, Mr Price and Foshini over the last 2 years?
- Foshini: 32.18%
- Mr Price: 30.79%
- Woolworths: -21.14%
the above clearly shows how Foshini (FOS) and Mr Price (MRP) has outperformed Woolworths (WHL) over the last year and even more so over the last two years. This is largely due to Woolworths struggling to whip their Australian acquisitions (David Jones and Country road) into shape, and they have written down large chunks of their initial investment in these groups, hurting their financials which in turn hurts their share price. While retailers and clothing retailers are under pressure in South Africa, Foshini and Mr Price still offered investors significant returns on their share prices over the last two years, with it far outstripping inflation and the overall market returns over the same time periods.
23 August 2018: Vodacom vs MTN vs Blue Label Telecoms
The chart below shows the share price performance over the last 3 years for Vodacom, MTN and Blue Label Telecoms. And the returns do not look pretty. Especially for long term investors who were coining it with Blue Label until its recent slump has seen its gains made over the last couple of years wiped out in a matter of weeks.
For the a more detailed review of the chart above, see our VOD-MTN-BLU-23Aug2018 article relating to the graphic above. In short the following was written as a sumary:
So a mixed bag of returns over various periods for the three shares listed. Over the last month Vodacom has provided the best returns, MTN second best and Blue label the worst returns. However over a 1 year period, MTN provided the best returns (even though it was a negative return, it was less negative than both Vodacom and Blue Label telecoms). And over a 3 year period MTN had by far the worst performance of the three companies, with Blue label telecoms have the second worst returns and Vodacom the best returns of the three companies (even though its returns over a three year period was still negative).
So a mixed bag of returns over various periods for the three shares listed. Over the last month Vodacom has provided the best returns, MTN second best and Blue label the worst returns. However over a 1 year period, MTN provided the best returns (even though it was a negative return, it was less negative than both Vodacom and Blue Label telecoms). And over a 3 year period MTN had by far the worst performance of the three companies, with Blue label telecoms have the second worst returns and Vodacom the best returns of the three companies (even though its returns over a three year period was still negative).
22 May 2018: Construction industry in the dumps
The chart below shows some of the main listed construction companies in South Africa and their share price performance over the last 3 years. And it doesnt matter what time frame users select on the left hand side of the graphic, the returns from Group 5 is absolutely nothing to write home about. The fortunes of Murray and Roberts (MUR) and Stefanutti Stocks (SSK) shareholders are a little better for some of the time frames. Over the last 3 years, only MUR has given investors a positive return, while Aveng and Group 5 has lost investors almost all their money over a 3 year period.
Below a few images showing the returns of the four above mentioned construction companies over the last 12 months and over the last 3 years.
1 month return |
3 year return |
From the above it looks like we should do a comparison graph between Steinhoff and Group 5 to see which company loses money for investors the fastest. Group 5 is in serious trouble, and their share price shows it. And they are not alone, Aveng is pretty much on the same footing as Group 5. Will these two former construction giants in South Africa collapse? A total lack of gross fixed capital formation (or investment into fixed assets such as new buildings, factories, roads etc.) is not helping the local construction companies. It is no surprise then that more and more of the local construction companies are looking for work up into Africa, or acquiring construction companies already active on further up in the African continent
29 November 2018: Giving South African readers a taste of US food foods (and drinks) stores
n today's update we take a look at the share price performance of some of the largest fast food/takeaway brands listed on the New York Stock Exchange (NYSE). We will take a look at the share price performance of the following shares for the last 10 years:
Mcdonalds:
McDonald's was founded in 1940 as a restaurant operated by Richard and Maurice McDonald, in San Bernardino, California, USA. They rechristened their business as a hamburger stand. The first time a McDonald's franchise used the Golden Arches logo was in 1953 at the opening of Phoenix, Arizona, USA. In 1955, Ray Kroc, a businessman, joined the company as a franchise agent and proceeded to purchase the chain from the McDonald brothers. McDonald's had it's original headquarters in Oak Brook, Illinois,USA, but has approved plans to move its global headquarters to Chicago by 2018.[3][4]
McDonald's remains one of the world's largest restaurant chains, serving over 69 million customers daily in over 100 countries[5] across approximately 36,900 outlets as of 2016.[6] Although McDonald's is known for its hamburgers, they also sell cheeseburgers, chicken products, french fries, breakfast items, soft drinks, milkshakes, wraps, and desserts. In response to changing consumer tastes and in response to negative backlash at towards the unhealthiness of their food,[7] the company has added to its menu salads, fish, smoothies, and fruit. The McDonald's Corporation revenues come from the rent, royalties, and fees paid by the franchisees, as well as sales in company-operated restaurants. According to a BBC report published in 2012, McDonald's is the world's second largest private employer (behind Walmart with 1.9 million employees), 1.5 million of whom work for franchises.
Source: Wikipedia
Yum Brands:
Yum! Brands, Inc., or Yum! and formerly Tricon Global Restaurants, Inc., is an American fast food company. A Fortune 500 corporation, Yum! operates the brands Taco Bell, KFC, Pizza Hut, and WingStreet worldwide, except in China, where the brands are operated by a separate company, Yum China. Prior to 2011, Yum! owned Long John Silver's and A&W Restaurants. Based in Louisville, Kentucky, it is one of the world's largest fast food restaurant companies in terms of system units—with 43,617 restaurants (including 2,859 that are company-owned and 40,758 that are franchised) around the world in over 135 countries and territories.[3]
Source: Wikipedia
Starbucks:
According to the company's website "Starbucks is the premier roaster, marketer and retailer of specialty coffee in the world, operating in 68 countries. Formed in 1985, Starbucks Corporation’s common stock trades on the NASDAQ Global Select Market ("NASDAQ") under the symbol "SBUX." We purchase and roast high-quality coffees that we sell, along with handcrafted coffee, tea and other beverages and a variety of fresh food items, including snack offerings, through company-operated stores. We also sell a variety of coffee and tea products and license our trademarks through other channels such as licensed stores, grocery and foodservice accounts. In addition to our flagship Starbucks Coffee brand, we sell goods and services under the following brands: Teavana, Tazo, Seattle’s Best Coffee, Evolution Fresh, La Boulange and Ethos."
Wendy's:
Wendy's opened their first fast food burger outlet in 1969 in Columbus, Ohio. They listed in 1976 on the NASDAQ by 1978 they had 1000 stores open. In 1982 Wendy's was listed on the NYSE with the share code WEN. Come 2011 Wendy's moves back to listing in the NASDAQ.
Wendy's currenly has 6 537 outlets open across the world. They have a market capital of $3.4billion and in 2016 average annual sales per restuarant in the USA amounted to $1.57million.
Chipoltle:
Chipotle is a largely Mexican based grill fast food outlet based on the USA. According to their website "When Chipotle opened its first restaurant in 1993, the idea was simple: show that food served fast didn't have to be a “fast-food” experience. Using high-quality raw ingredients, classic cooking techniques, and distinctive interior design, we brought features from the realm of fine dining to the world of quick-service restaurants.
Over 23 years later, our devotion to seeking out the very best ingredients we can--raised with respect for animals, farmers, and the environment--remains at the core of our commitment to Food With Integrity. And as we've grown, our mission has expanded to ensuring that better food is accessible to everyone."
- Mcdonalds
- Yum Brands
- Starbucks
- Wendy's
- Chipoltle
Mcdonalds:
McDonald's was founded in 1940 as a restaurant operated by Richard and Maurice McDonald, in San Bernardino, California, USA. They rechristened their business as a hamburger stand. The first time a McDonald's franchise used the Golden Arches logo was in 1953 at the opening of Phoenix, Arizona, USA. In 1955, Ray Kroc, a businessman, joined the company as a franchise agent and proceeded to purchase the chain from the McDonald brothers. McDonald's had it's original headquarters in Oak Brook, Illinois,USA, but has approved plans to move its global headquarters to Chicago by 2018.[3][4]
McDonald's remains one of the world's largest restaurant chains, serving over 69 million customers daily in over 100 countries[5] across approximately 36,900 outlets as of 2016.[6] Although McDonald's is known for its hamburgers, they also sell cheeseburgers, chicken products, french fries, breakfast items, soft drinks, milkshakes, wraps, and desserts. In response to changing consumer tastes and in response to negative backlash at towards the unhealthiness of their food,[7] the company has added to its menu salads, fish, smoothies, and fruit. The McDonald's Corporation revenues come from the rent, royalties, and fees paid by the franchisees, as well as sales in company-operated restaurants. According to a BBC report published in 2012, McDonald's is the world's second largest private employer (behind Walmart with 1.9 million employees), 1.5 million of whom work for franchises.
Source: Wikipedia
Yum Brands:
Yum! Brands, Inc., or Yum! and formerly Tricon Global Restaurants, Inc., is an American fast food company. A Fortune 500 corporation, Yum! operates the brands Taco Bell, KFC, Pizza Hut, and WingStreet worldwide, except in China, where the brands are operated by a separate company, Yum China. Prior to 2011, Yum! owned Long John Silver's and A&W Restaurants. Based in Louisville, Kentucky, it is one of the world's largest fast food restaurant companies in terms of system units—with 43,617 restaurants (including 2,859 that are company-owned and 40,758 that are franchised) around the world in over 135 countries and territories.[3]
Source: Wikipedia
Starbucks:
According to the company's website "Starbucks is the premier roaster, marketer and retailer of specialty coffee in the world, operating in 68 countries. Formed in 1985, Starbucks Corporation’s common stock trades on the NASDAQ Global Select Market ("NASDAQ") under the symbol "SBUX." We purchase and roast high-quality coffees that we sell, along with handcrafted coffee, tea and other beverages and a variety of fresh food items, including snack offerings, through company-operated stores. We also sell a variety of coffee and tea products and license our trademarks through other channels such as licensed stores, grocery and foodservice accounts. In addition to our flagship Starbucks Coffee brand, we sell goods and services under the following brands: Teavana, Tazo, Seattle’s Best Coffee, Evolution Fresh, La Boulange and Ethos."
Wendy's:
Wendy's opened their first fast food burger outlet in 1969 in Columbus, Ohio. They listed in 1976 on the NASDAQ by 1978 they had 1000 stores open. In 1982 Wendy's was listed on the NYSE with the share code WEN. Come 2011 Wendy's moves back to listing in the NASDAQ.
Wendy's currenly has 6 537 outlets open across the world. They have a market capital of $3.4billion and in 2016 average annual sales per restuarant in the USA amounted to $1.57million.
Chipoltle:
Chipotle is a largely Mexican based grill fast food outlet based on the USA. According to their website "When Chipotle opened its first restaurant in 1993, the idea was simple: show that food served fast didn't have to be a “fast-food” experience. Using high-quality raw ingredients, classic cooking techniques, and distinctive interior design, we brought features from the realm of fine dining to the world of quick-service restaurants.
Over 23 years later, our devotion to seeking out the very best ingredients we can--raised with respect for animals, farmers, and the environment--remains at the core of our commitment to Food With Integrity. And as we've grown, our mission has expanded to ensuring that better food is accessible to everyone."
Mcdonalds vs Chipotle vs Starbucks vs Yum Brands vs Wendy's graphic
The graphic below shows the 10 year share price history and performance of Mcdonalds, Chipotle, Yum Brands, Wendy's and Starbuck. Note all data obtained from http://www.macrotrends.net
Share price performance since January 2007 for all the shares mentioned above:
Mcdonalds: 428%
Yum Brands: 359.6%
Starbucks: 256.6%
Chipoltle: 362%
Wendy's: -12.61%
However when looking at their share price returns over the last year, it looks as follows:
Mcdonalds: 44.8%
Yum Brands: 28.7%
Starbucks: -1.4%
Chipotle: -31.4%
Wendy's: 9.6%
Chipotle shares taking a pounding over the last 12 months. The below image shows the share price performance of Chipotle compared to that of Mcdonalds
Mcdonalds: 428%
Yum Brands: 359.6%
Starbucks: 256.6%
Chipoltle: 362%
Wendy's: -12.61%
However when looking at their share price returns over the last year, it looks as follows:
Mcdonalds: 44.8%
Yum Brands: 28.7%
Starbucks: -1.4%
Chipotle: -31.4%
Wendy's: 9.6%
Chipotle shares taking a pounding over the last 12 months. The below image shows the share price performance of Chipotle compared to that of Mcdonalds
23 October: ALSI vs Mid Caps vs Small Caps
In today's update we take a look at the performance over the last 4 years for the JSE All Share Index, the Mid Cap Index and the Small Caps. And it clearly shows that the additional risk investors take in investing in smaller and mid cap companies have not paid off in recent times. With the All Share taking home the bacon in both the year to date (YTD) and the return over the last month price (see the two images below the graphic for YTD and 1 month return graphics. Users can select different time periods to and the graphic will recalculate the returns for the selected periods
The interactive chart and images above clearly shows that investors would have been better served over the last couple of years by investing in the overall market instead of mid and small caps, as their returns are lower than the market average. However the ALSI has to a large extent been driven by the monster that is Naspers.
14 September 2017: Chemical companies
In today's sector battle we take a loser look at the share price comparisons between listed groups active in the chemicals industry and their respective share price performances over time. We will look at Rolfes (RLF), Omnia (OMN) and SASOL (SOL). More details about each of these companies follows below with the graphic in which the share price performances are compared being shown right after the background of each of these companies.
Rolfes (RLF)
The Group manufactures and distributes a diverse range of market-leading, high-quality chemical and organic products to various industries. The Agricultural division develops, manufactures and distributes products that promote plant, root, and foliar health, soil nutrition, disease prevention and control and various other agricultural remedies. The Food division distributes imported and locally manufactured products to the food and beverage, bakery, dairy, pharmaceutical and cosmetics industries.
The Industrial division manufactures and distributes industrial chemicals including various organic and inorganic products including additives, in-plant and point-of-sale dispersions, leather chemicals and solutions, solvents, lacquer thinners, pigments, surfactants, cleaning solvents, water treatment products, creosotes and waxes. The Water division provides specialised water purification solutions and products to the industrial, mining, home and personal care markets. Additionally, the division manufactures and distributes pure beneficiated silica to the mining, metallurgical, fertiliser, water filtration and construction industries. The Group’s international footprint and customer base extends to Asia, the rest of Africa, eastern and western Europe, with operations currently in Botswana, Zambia and Romania.
Omnia (OMN)
Omnia Holdings Limited is a diversified chemicals group with specialised services and solutions for the agriculture, mining and chemicals industries. Using technical innovation combined with intellectual capital, Omnia adds value for customers at every stage of the supply and service chain. As a group, Omnia creates customer wealth by leveraging knowledge.
Omnia differentiates itself from other commodity chemicals suppliers by applying the Group’s intellectual capital and technologies at all key points along its supply and service chains. This enables Omnia to create value throughout, by tailoring products and services to the specific and changing needs of its customers. The sustainability of the business model is strengthened by targeted backward integration through the installation of technologically advanced plants that manufacture core materials such as nitric acid and explosive emulsions. In addition to securing supply, this enables Omnia to improve operational efficiencies throughout the product development and production cycle.
Since 1953, Omnia has had its roots in the fertilizer and agriculture industry and has built up an in-depth understanding, not only of its core markets in South Africa, but also in mining, manufucturing and agriculture in Africa. Based in Johannesburg, South Africa and with operations in 18 countries in Africa, including South Africa, and six countries outside of Africa, Omnia has more than six decades’ experience in the business. Additionally, Omnia continues to grow its global footprint, with business units in Australasia, Brazil, and regions such as Europe, South America and South East Asia.
Omnia provides customised, knowledge-based solutions through its Agriculture, Mining and Chemicals divisions. These divisions include Omnia Fertilizer, Omnia Specialities, Bulk Mining Explosives (BME), Protea Mining Chemicals and Protea Chemicals, all niche businesses that operate with a common objective: to enhance customers’ businesses through research, development and knowledge sharing, that will enable them to increase profit margins.
The business model has been tried and tested over many years, and continues to be fine-tuned as Omnia’s markets and customers evolve. Omnia sustains and grows the business by continuously enhancing the value it offers to local and international customers through product innovation, growing Omnia’s intellectual capital and working to further raise already exceptional service levels. A continuous feedback loop with customers at all points of engagement keeps the Omnia business model on track.
SASOL (SOL)
Sasol is an international integrated chemicals and energy company that leverages technologies and the expertise of our 30 300 people working in 33 countries. We develop and commercialise technologies, and build and operate world-scale facilities to produce a range of high-value product stream, including liquid fuels, chemicals and low-carbon electricity.
Sasol’s new value chain-based operating model came into effect in 2014. Towards this end, the Sasol Group is now organised into two upstream business units, three regional operating hubs, and four customer-facing strategic business units, supported by fit-for-purpose functions as reflected in our new Sasol website.
By combining the talent of our people and our technological advantage, Sasol has been a pioneer in innovation for over six decades. As market needs and stakeholder expectations have changed, so too have our methods, facilities and products, driving progress to deliver long-term shareholder value sustainably. The growth and enhancement of our foundation businesses in Southern Africa is complemented by the significant chapter of growth, Sasol has entered in its history.
At Sasol, we recognise the growing need for countries to secure supply of energy and chemicals. For many countries, specifically those with abundant hydrocarbons, in-country conversion of these resources into liquid fuels and chemicals goes a long way to boost national economies.
Sasol’s focused and strong project pipeline means we are actively capitalising on the growth opportunities that play to our strengths in Southern Africa and North America. Our focus is creating value sustainably and we are proud to be taking this company, to new frontiers.
Sasol was established in 1950 in South Africa and we remain one of the country’s largest investors in capital projects, skills development and technological research and development. The company is listed on the JSE in South Africa and on the New York Stock Exchange in the United States.
Below the graphic comparing the share price performance of the above mentioned companies. As the date is changed the graphic recalculates the return based on the dates selected.
The Group manufactures and distributes a diverse range of market-leading, high-quality chemical and organic products to various industries. The Agricultural division develops, manufactures and distributes products that promote plant, root, and foliar health, soil nutrition, disease prevention and control and various other agricultural remedies. The Food division distributes imported and locally manufactured products to the food and beverage, bakery, dairy, pharmaceutical and cosmetics industries.
The Industrial division manufactures and distributes industrial chemicals including various organic and inorganic products including additives, in-plant and point-of-sale dispersions, leather chemicals and solutions, solvents, lacquer thinners, pigments, surfactants, cleaning solvents, water treatment products, creosotes and waxes. The Water division provides specialised water purification solutions and products to the industrial, mining, home and personal care markets. Additionally, the division manufactures and distributes pure beneficiated silica to the mining, metallurgical, fertiliser, water filtration and construction industries. The Group’s international footprint and customer base extends to Asia, the rest of Africa, eastern and western Europe, with operations currently in Botswana, Zambia and Romania.
Omnia (OMN)
Omnia Holdings Limited is a diversified chemicals group with specialised services and solutions for the agriculture, mining and chemicals industries. Using technical innovation combined with intellectual capital, Omnia adds value for customers at every stage of the supply and service chain. As a group, Omnia creates customer wealth by leveraging knowledge.
Omnia differentiates itself from other commodity chemicals suppliers by applying the Group’s intellectual capital and technologies at all key points along its supply and service chains. This enables Omnia to create value throughout, by tailoring products and services to the specific and changing needs of its customers. The sustainability of the business model is strengthened by targeted backward integration through the installation of technologically advanced plants that manufacture core materials such as nitric acid and explosive emulsions. In addition to securing supply, this enables Omnia to improve operational efficiencies throughout the product development and production cycle.
Since 1953, Omnia has had its roots in the fertilizer and agriculture industry and has built up an in-depth understanding, not only of its core markets in South Africa, but also in mining, manufucturing and agriculture in Africa. Based in Johannesburg, South Africa and with operations in 18 countries in Africa, including South Africa, and six countries outside of Africa, Omnia has more than six decades’ experience in the business. Additionally, Omnia continues to grow its global footprint, with business units in Australasia, Brazil, and regions such as Europe, South America and South East Asia.
Omnia provides customised, knowledge-based solutions through its Agriculture, Mining and Chemicals divisions. These divisions include Omnia Fertilizer, Omnia Specialities, Bulk Mining Explosives (BME), Protea Mining Chemicals and Protea Chemicals, all niche businesses that operate with a common objective: to enhance customers’ businesses through research, development and knowledge sharing, that will enable them to increase profit margins.
The business model has been tried and tested over many years, and continues to be fine-tuned as Omnia’s markets and customers evolve. Omnia sustains and grows the business by continuously enhancing the value it offers to local and international customers through product innovation, growing Omnia’s intellectual capital and working to further raise already exceptional service levels. A continuous feedback loop with customers at all points of engagement keeps the Omnia business model on track.
SASOL (SOL)
Sasol is an international integrated chemicals and energy company that leverages technologies and the expertise of our 30 300 people working in 33 countries. We develop and commercialise technologies, and build and operate world-scale facilities to produce a range of high-value product stream, including liquid fuels, chemicals and low-carbon electricity.
Sasol’s new value chain-based operating model came into effect in 2014. Towards this end, the Sasol Group is now organised into two upstream business units, three regional operating hubs, and four customer-facing strategic business units, supported by fit-for-purpose functions as reflected in our new Sasol website.
By combining the talent of our people and our technological advantage, Sasol has been a pioneer in innovation for over six decades. As market needs and stakeholder expectations have changed, so too have our methods, facilities and products, driving progress to deliver long-term shareholder value sustainably. The growth and enhancement of our foundation businesses in Southern Africa is complemented by the significant chapter of growth, Sasol has entered in its history.
At Sasol, we recognise the growing need for countries to secure supply of energy and chemicals. For many countries, specifically those with abundant hydrocarbons, in-country conversion of these resources into liquid fuels and chemicals goes a long way to boost national economies.
Sasol’s focused and strong project pipeline means we are actively capitalising on the growth opportunities that play to our strengths in Southern Africa and North America. Our focus is creating value sustainably and we are proud to be taking this company, to new frontiers.
Sasol was established in 1950 in South Africa and we remain one of the country’s largest investors in capital projects, skills development and technological research and development. The company is listed on the JSE in South Africa and on the New York Stock Exchange in the United States.
Below the graphic comparing the share price performance of the above mentioned companies. As the date is changed the graphic recalculates the return based on the dates selected.
5 September 2017: Private School Groups
In today's sector battle we take a loser look at the share price comparisons between listed groups with interest in private schooling/education. They are Curro (COH) and Advtech (ADH). Below a bit more detail regarding both companies and then the share price graphic comparing their share price performance over time.
Curro (COH)
Curro has been a market darling over the last number of years, largely thanks to the backing of the PSG group (who backed little micro lender Capitec and turned them into a fully fledged bank shacking up the banking industry in South Africa). Below more details on Curro as provided on their website.
Curro develops, acquires and manages independent schools in South Africa. Curro also provides educator training.
MISSION
Curro’s mission is to make quality independent school education accessible to more learners.
VISION
Curro’s vision is to make independent school education accessible to more learners throughout South Africa, reaching 80 schools by 2020 and accommodating 80 000 learners.
VALUES
Curro’s values originate from its founding date. As a group of concerned, dedicated and experienced educators, four key components were identified that had to inform the value system.
Through its values, Curro creates a balanced educational arena in which many co-curricular activities, such as sport and culture can be enjoyed by learners whilst not losing sight of the core essence of a typical school, namely successful learning.
BRANDS
To achieve the vision, Curro divided the original brand into six brands, or lines of business.
Meridian schools and Curro Academy schools accommodate learners from the age of five years to Grade 12 (Meridian Pinehurst from age 3 months). Classes accommodate up to 35 learners and these schools write the National Senior Certificate (NSC) examination at the end of Grade 12. Subject choices are focussed and tuition at these co-ed schools is single medium (English). Co-curricular activities are offered, but these are limited. This is a very cost-conscious model. A fully developed campus will accommodate 1 500 to 4 000 learners. Hostel accommodation will be a feature at these schools.
Curro Select schools were ordinarily added to the Curro group of schools as acquisitions, after which these schools retain their original well-established identities and ethos. The medium of tuition is English complemented by superior facilities and a rich heritage, tradition and good academic and co-curricular results. These schools are more expensive, with a wide variety of curricular and co-curricular activities on offer. The campus size varies from school to school, but generally they are situated on 10 to 15 hectares and accommodate from 1 400 to 2 000 learners.
Curro Castles are nursery schools for learners from 3 months up to 5 years old and can accommodate up to 300 children.
Embury Institute for Higher Education is accredited with the Council on Higher Education and registered with the Department of Higher Education and Training. Embury offers full-time teaching qualifications, as well as in-service training. The college was acquired by Curro at the beginning of 2013 and contributes to Curro and public sector educator development
AdvTech (ADH)
Advtech owns various private schools group. COH made an audacious offer for AdvTech earlier in the year, below details regarding some of their private schools.
CrawfordSchools
CrawfordSchools™ has 19 schools across Gauteng and KZN, that includes Pre-Primary, Preparatory and College students. Crawford is a progressive educational institution and provides opportunities for students to thrive as individuals and succeed in the 21st Century. They provide opportunities and resources that encourage students to excel in academic, sports, cultural and social activities.
Trinityhouse (Est. 1997)
Trinityhouse is founded on time honoured traditional values and comprises a Pre-Primary, Preparatory and High school. Its students are offered a healthy balance of academic, sports and cultural activities within a structured, secure and disciplined environment that is shaped by a strong Christian ethos.
Abbotts College (Est. 1971)
Abbotts College focuses on the final years of schooling and caters exclusively for Grade 10, 11 and 12 students. The College recognises the individual needs of its students and uses unique methods and systems to develop their full academic potential in an inclusive, caring and focused environment.
Centurus Colleges (Est. 2005)
Centurus Colleges is a family of three independent, combined, co-educational schools providing superior education services and development programmes for children of varied abilities.
Junior Colleges (Est. 1979)
Junior Colleges is a nurturing group of nursery schools that provide for the holistic development of children from the age of six weeks to six years within a 'home away from home' environment.
Maravest Group
Maravest is a private company investing in Pre-, Primary and High schools. The group focuses on excellence in education with a Christian ethos. The slogan: "Investing in the education of our future", establishes that we can influence the children we have in our classrooms today, but also set them up for the future tomorrow.
ADvTECH Academies
ADvTECH Academies is home to multiple, distinct education brands. Each school brand retains its own identity and ethos but benefits from the expertise of the ADvTECH Academies management in the fields of:
In addition to providing a stable of stand-alone schools' brands, ADvTECH Academies also acts as an incubator to nurture brands with potential for growth.
ADvTECH Academies is closely affiliated to top South African educational brands such as CrawfordSchools™, Abbotts Colleges, Junior Colleges and Trinityhouse and forms part of the ADvTECH Schools Division that has a current enrolment of 13 800 students.
The IIE (Est. 2004)
The Independent Institute of Education (IIE) was registered by the Department of Higher Education and Training in 2007 as the higher education provider of the Group. From a regulatory point of view the tertiary brands are part of The Independent Institute of Education which is now the largest private provider of higher education in the country.
Rosebank College (Est. 1948)
Rosebank College equips graduates with the theoretical and practical information they need to become
professionals in their respective fields, but do so in an affordable manner offering quality education that produces prepared professionals who are ready to enter the world of work straight after graduation. Rosebank College has made it its priority to produce highly employable graduates who have the knowledge, skills, competence and confidence they need to become valued assets within an organisation.
Vega (Est. 1999)
Vega, an educational brand of the Independent Institute of Education, believes that brands are the world's greatest assets for meaningful change. Vega graduates multi-disciplinary collaborators able to solve complex challenges, by delivering fully accredited Certificates, Baccalaureates, Honours and Masters programmes in brand building, creative communication, photography and business management.
The Design School Southern Africa (Est. 1990)
Design School Southern Africa's educational training in graphic, fashion and interior design delivers design knowledge and experience that unlocks students' individual creative potential and shapes well-rounded, accountable, industry-ready designers. DSSA provides full-time undergraduate degrees and part-time courses in design and is an Autodesk and Lectra accredited training centre. DSSA is a key division of The Independent Institute of Education (The IIE), which is the country's largest, most accredited provider of private higher education.
Varsity College (Est. 1991)
Varsity College’s mediated approach to a blended learning and teaching experience, together with their student support and development programmes, provide an environment for students to maximise their learning potential. Higher education programmes that integrate theory and practice, coupled with an emphasis on the development of life and personal skills, prepare students for employment after graduation. Varsity College offers a range of accredited full-time IIE qualifications in the faculties of Commerce, Humanities, Social Sciences and Information and Communication Technology, as well as a range of part-time qualifications and short learning programmes that provide opportunities for adults to progress in their careers.
The Business School at Varsity College (Est. 1991)
The Business School at Varsity College offers ambitious working adults the opportunity to build on their skills with convenient part-time study. You can choose from a variety of world class programmes, that won’t impact on your work hours. Many of our lecturers maintain full time jobs in between lecturing at The Business School. The subjects they teach are also usually what they do for a living. So, they are able to provide real-world experience first-hand. This is in line with The Business School’s approach to adult learning, which utilises both theory and practical application.
Capsicum Culinary Studio
Capsicum Culinary Studio prides itself on offering high-quality culinary education for aspiring chefs. Students are provided with an education that equips them to work anywhere in the world with the internationally approved City & Guilds (UK) courses. Capsicum provides full and part-time Diploma and Certificate culinary courses at all six campuses countrywide that are supported by a commitment to academic excellence in culinary education. Students enjoy a thriving student life, hands-on experience in the training kitchens under the close guidance of highly qualified chef lecturers and industry experience during their studies.
The Private Hotel School (Est. 2006)
The Private Hotel School is a private higher education institution, based in Stellenbosch - the heart of the Cape Winelands and with award-winning restaurants and hotels on its doorstep. The curriculum combines innovative and leading edge academic and practical training and creates a strong foundation for successful careers in the dynamic hospitality and tourism industries.
Curro (COH)
Curro has been a market darling over the last number of years, largely thanks to the backing of the PSG group (who backed little micro lender Capitec and turned them into a fully fledged bank shacking up the banking industry in South Africa). Below more details on Curro as provided on their website.
Curro develops, acquires and manages independent schools in South Africa. Curro also provides educator training.
MISSION
Curro’s mission is to make quality independent school education accessible to more learners.
VISION
Curro’s vision is to make independent school education accessible to more learners throughout South Africa, reaching 80 schools by 2020 and accommodating 80 000 learners.
VALUES
Curro’s values originate from its founding date. As a group of concerned, dedicated and experienced educators, four key components were identified that had to inform the value system.
- Child Friendliness
- Positive Discipline
- Christian Ethos and Values
- Creative Thinking
- Nursery, primary and high schools
- Balanced academics, sport and culture
- The Curro Curriculum Management and Delivery team (CCMD)
- Aftercare, holiday care and hostel facilities
- School transport
- Online shopping and communication
- Specialised educator training
Through its values, Curro creates a balanced educational arena in which many co-curricular activities, such as sport and culture can be enjoyed by learners whilst not losing sight of the core essence of a typical school, namely successful learning.
BRANDS
To achieve the vision, Curro divided the original brand into six brands, or lines of business.
- Curro Schools
- Meridian Schools
- Curro Select Schools
- Curro Castle Nursery Schools
- Curro Academy Schools
- Embury Institute for Higher Education
Meridian schools and Curro Academy schools accommodate learners from the age of five years to Grade 12 (Meridian Pinehurst from age 3 months). Classes accommodate up to 35 learners and these schools write the National Senior Certificate (NSC) examination at the end of Grade 12. Subject choices are focussed and tuition at these co-ed schools is single medium (English). Co-curricular activities are offered, but these are limited. This is a very cost-conscious model. A fully developed campus will accommodate 1 500 to 4 000 learners. Hostel accommodation will be a feature at these schools.
Curro Select schools were ordinarily added to the Curro group of schools as acquisitions, after which these schools retain their original well-established identities and ethos. The medium of tuition is English complemented by superior facilities and a rich heritage, tradition and good academic and co-curricular results. These schools are more expensive, with a wide variety of curricular and co-curricular activities on offer. The campus size varies from school to school, but generally they are situated on 10 to 15 hectares and accommodate from 1 400 to 2 000 learners.
Curro Castles are nursery schools for learners from 3 months up to 5 years old and can accommodate up to 300 children.
Embury Institute for Higher Education is accredited with the Council on Higher Education and registered with the Department of Higher Education and Training. Embury offers full-time teaching qualifications, as well as in-service training. The college was acquired by Curro at the beginning of 2013 and contributes to Curro and public sector educator development
AdvTech (ADH)
Advtech owns various private schools group. COH made an audacious offer for AdvTech earlier in the year, below details regarding some of their private schools.
CrawfordSchools
CrawfordSchools™ has 19 schools across Gauteng and KZN, that includes Pre-Primary, Preparatory and College students. Crawford is a progressive educational institution and provides opportunities for students to thrive as individuals and succeed in the 21st Century. They provide opportunities and resources that encourage students to excel in academic, sports, cultural and social activities.
Trinityhouse (Est. 1997)
Trinityhouse is founded on time honoured traditional values and comprises a Pre-Primary, Preparatory and High school. Its students are offered a healthy balance of academic, sports and cultural activities within a structured, secure and disciplined environment that is shaped by a strong Christian ethos.
Abbotts College (Est. 1971)
Abbotts College focuses on the final years of schooling and caters exclusively for Grade 10, 11 and 12 students. The College recognises the individual needs of its students and uses unique methods and systems to develop their full academic potential in an inclusive, caring and focused environment.
Centurus Colleges (Est. 2005)
Centurus Colleges is a family of three independent, combined, co-educational schools providing superior education services and development programmes for children of varied abilities.
Junior Colleges (Est. 1979)
Junior Colleges is a nurturing group of nursery schools that provide for the holistic development of children from the age of six weeks to six years within a 'home away from home' environment.
Maravest Group
Maravest is a private company investing in Pre-, Primary and High schools. The group focuses on excellence in education with a Christian ethos. The slogan: "Investing in the education of our future", establishes that we can influence the children we have in our classrooms today, but also set them up for the future tomorrow.
ADvTECH Academies
ADvTECH Academies is home to multiple, distinct education brands. Each school brand retains its own identity and ethos but benefits from the expertise of the ADvTECH Academies management in the fields of:
- Academics
- Operations
- Human Resources and Labour Relations
- Legal
- Marketing and Communication
- Finance
- Information Communication Technology
- Property Management
- Occupational Health and Safety
In addition to providing a stable of stand-alone schools' brands, ADvTECH Academies also acts as an incubator to nurture brands with potential for growth.
ADvTECH Academies is closely affiliated to top South African educational brands such as CrawfordSchools™, Abbotts Colleges, Junior Colleges and Trinityhouse and forms part of the ADvTECH Schools Division that has a current enrolment of 13 800 students.
The IIE (Est. 2004)
The Independent Institute of Education (IIE) was registered by the Department of Higher Education and Training in 2007 as the higher education provider of the Group. From a regulatory point of view the tertiary brands are part of The Independent Institute of Education which is now the largest private provider of higher education in the country.
Rosebank College (Est. 1948)
Rosebank College equips graduates with the theoretical and practical information they need to become
professionals in their respective fields, but do so in an affordable manner offering quality education that produces prepared professionals who are ready to enter the world of work straight after graduation. Rosebank College has made it its priority to produce highly employable graduates who have the knowledge, skills, competence and confidence they need to become valued assets within an organisation.
Vega (Est. 1999)
Vega, an educational brand of the Independent Institute of Education, believes that brands are the world's greatest assets for meaningful change. Vega graduates multi-disciplinary collaborators able to solve complex challenges, by delivering fully accredited Certificates, Baccalaureates, Honours and Masters programmes in brand building, creative communication, photography and business management.
The Design School Southern Africa (Est. 1990)
Design School Southern Africa's educational training in graphic, fashion and interior design delivers design knowledge and experience that unlocks students' individual creative potential and shapes well-rounded, accountable, industry-ready designers. DSSA provides full-time undergraduate degrees and part-time courses in design and is an Autodesk and Lectra accredited training centre. DSSA is a key division of The Independent Institute of Education (The IIE), which is the country's largest, most accredited provider of private higher education.
Varsity College (Est. 1991)
Varsity College’s mediated approach to a blended learning and teaching experience, together with their student support and development programmes, provide an environment for students to maximise their learning potential. Higher education programmes that integrate theory and practice, coupled with an emphasis on the development of life and personal skills, prepare students for employment after graduation. Varsity College offers a range of accredited full-time IIE qualifications in the faculties of Commerce, Humanities, Social Sciences and Information and Communication Technology, as well as a range of part-time qualifications and short learning programmes that provide opportunities for adults to progress in their careers.
The Business School at Varsity College (Est. 1991)
The Business School at Varsity College offers ambitious working adults the opportunity to build on their skills with convenient part-time study. You can choose from a variety of world class programmes, that won’t impact on your work hours. Many of our lecturers maintain full time jobs in between lecturing at The Business School. The subjects they teach are also usually what they do for a living. So, they are able to provide real-world experience first-hand. This is in line with The Business School’s approach to adult learning, which utilises both theory and practical application.
Capsicum Culinary Studio
Capsicum Culinary Studio prides itself on offering high-quality culinary education for aspiring chefs. Students are provided with an education that equips them to work anywhere in the world with the internationally approved City & Guilds (UK) courses. Capsicum provides full and part-time Diploma and Certificate culinary courses at all six campuses countrywide that are supported by a commitment to academic excellence in culinary education. Students enjoy a thriving student life, hands-on experience in the training kitchens under the close guidance of highly qualified chef lecturers and industry experience during their studies.
The Private Hotel School (Est. 2006)
The Private Hotel School is a private higher education institution, based in Stellenbosch - the heart of the Cape Winelands and with award-winning restaurants and hotels on its doorstep. The curriculum combines innovative and leading edge academic and practical training and creates a strong foundation for successful careers in the dynamic hospitality and tourism industries.
COH vs ADH
4 September 2017: Asset Managers
In this segment of the Sector Comparison Page we take a look at three very well known asset managers listed on the JSe and how their share price performance of the last couple of years compares against one another. The asset managers we will be looking at in this comparison are: Coronation (CML), Peregrine (PGR) and Investec (INL)
Below a bit more detail about each of them before showing the graphic comparing their share prices over the last 4 years. Note the graphic is interactive. As users change the dates, the graphic will recalculate the return provided from the starting point selected.
Coronation (CML)
Coronation was founded in Cape Town, South Africa in 1993 by a group of investment professionals who left an established institution to start a dedicated fund management business. With zero assets and zero clients, their objective was to build a world-class, investment-led and independent fund manager. Today, Coronation is 25% employee-owned and a leading brand in the South African investment industry. We are solely focused on asset management and have a track record of delivering superior long-term returns to our clients over the past two decades. An active investment manager with a long-term valuation-driven investment approach, Coronation currently manages R579 billion in client assets (as at end-June 2017).
Our investment expertise extends across asset classes and geographies, with our longest-running strategies focused on specialist equity and multi-asset portfolios in global emerging and frontier markets.
We believe we are one of the largest and most successful managers of institutional and retail assets in southern Africa and offer both segregated and pooled investment vehicles. Our clients include pension and provident funds, medical schemes, unit trusts, banks, insurers and other fund managers. We also manage assets for a growing number of international retirement funds, endowments and family offices.
Peregrine (PGR)
Peregrine is a leading financial services Group providing individuals and institutions with investment management solutions in wealth and alternative assets. Founded in 1996, the Peregrine Group comprises a number of diversified, industry leading, financial services businesses which provide clients, over the medium to long-term, with consistently high levels of risk-adjusted returns regardless of market conditions. In addition, the Group also owns 50% of Java Capital, which is widely regarded as the premier independent corporate advisory house in South Africa. Through its various subsidiaries, the Group has expertise in private clients’ wealth management, South African and global funds-of-funds, single manager hedge funds, broking & structuring, trusts services, property investments, corporate finance, as well as foreign exchange and treasury management.
Peregrine’s key business objective is to deliver consistently high levels of risk-adjusted returns to its shareholders over the medium to long-term. This is primarily driven by Peregrine’s resources and personnel, which the Group believes to be of unrivalled expertise. The Group’s unwavering focus on performance is balanced by an entrepreneurial approach and steadfast commitment to governance, which have together generated a business model that is well respected by partners, peers and clients and is recognised by the financial services industry at large. The Group is listed on the JSE under the ‘Financial Services’ Sector and as at March 2017 had a market capitalisation of R6.2 billion and held responsibility for R109 billion in total gross assets under management and or administration/advice. Peregrine has an international footprint spanning South Africa, the UK and the Channel Islands and it employs over 700 individuals worldwide. The Peregrine Group is structured into five key business segments: Wealth Management, Asset Management, Broking & Structuring, Advisory and Proprietary Investments.
Investec (INL)
Investec is an international specialist banking and asset management group. It provides a range of financial products and services to a client base in three principal markets: the United Kingdom, South Africa and Australia. According to Investec Asset Managements website " Investec Asset Management provides investment products and services to institutions, advisory clients and individuals. Our clients include pension funds, central banks, sovereign wealth funds, insurers, foundations, financial advisers and individual investors. It all began in South Africa in 1991. We were a small start-up asset manager offering domestic strategies in an emerging market. Over two decades of growth later and we’re an international business managing approximately $124 billion* for clients based all over the world. "
Below a bit more detail about each of them before showing the graphic comparing their share prices over the last 4 years. Note the graphic is interactive. As users change the dates, the graphic will recalculate the return provided from the starting point selected.
Coronation (CML)
Coronation was founded in Cape Town, South Africa in 1993 by a group of investment professionals who left an established institution to start a dedicated fund management business. With zero assets and zero clients, their objective was to build a world-class, investment-led and independent fund manager. Today, Coronation is 25% employee-owned and a leading brand in the South African investment industry. We are solely focused on asset management and have a track record of delivering superior long-term returns to our clients over the past two decades. An active investment manager with a long-term valuation-driven investment approach, Coronation currently manages R579 billion in client assets (as at end-June 2017).
Our investment expertise extends across asset classes and geographies, with our longest-running strategies focused on specialist equity and multi-asset portfolios in global emerging and frontier markets.
We believe we are one of the largest and most successful managers of institutional and retail assets in southern Africa and offer both segregated and pooled investment vehicles. Our clients include pension and provident funds, medical schemes, unit trusts, banks, insurers and other fund managers. We also manage assets for a growing number of international retirement funds, endowments and family offices.
Peregrine (PGR)
Peregrine is a leading financial services Group providing individuals and institutions with investment management solutions in wealth and alternative assets. Founded in 1996, the Peregrine Group comprises a number of diversified, industry leading, financial services businesses which provide clients, over the medium to long-term, with consistently high levels of risk-adjusted returns regardless of market conditions. In addition, the Group also owns 50% of Java Capital, which is widely regarded as the premier independent corporate advisory house in South Africa. Through its various subsidiaries, the Group has expertise in private clients’ wealth management, South African and global funds-of-funds, single manager hedge funds, broking & structuring, trusts services, property investments, corporate finance, as well as foreign exchange and treasury management.
Peregrine’s key business objective is to deliver consistently high levels of risk-adjusted returns to its shareholders over the medium to long-term. This is primarily driven by Peregrine’s resources and personnel, which the Group believes to be of unrivalled expertise. The Group’s unwavering focus on performance is balanced by an entrepreneurial approach and steadfast commitment to governance, which have together generated a business model that is well respected by partners, peers and clients and is recognised by the financial services industry at large. The Group is listed on the JSE under the ‘Financial Services’ Sector and as at March 2017 had a market capitalisation of R6.2 billion and held responsibility for R109 billion in total gross assets under management and or administration/advice. Peregrine has an international footprint spanning South Africa, the UK and the Channel Islands and it employs over 700 individuals worldwide. The Peregrine Group is structured into five key business segments: Wealth Management, Asset Management, Broking & Structuring, Advisory and Proprietary Investments.
Investec (INL)
Investec is an international specialist banking and asset management group. It provides a range of financial products and services to a client base in three principal markets: the United Kingdom, South Africa and Australia. According to Investec Asset Managements website " Investec Asset Management provides investment products and services to institutions, advisory clients and individuals. Our clients include pension funds, central banks, sovereign wealth funds, insurers, foundations, financial advisers and individual investors. It all began in South Africa in 1991. We were a small start-up asset manager offering domestic strategies in an emerging market. Over two decades of growth later and we’re an international business managing approximately $124 billion* for clients based all over the world. "
18 August 2017: The retailers
In this segment of our "Sector Comparison Page" we will take a look at the main retailers listed on the Johannesburg Stock Exchange (JSE). This retailers will include general retailers, mainly food retailers as well as the main food retailers. Our list added to this graphic will include: Massmart, Shoprite, Pick n Pay, Woolworths, Mr Price Group, Truworths, Cashbuild, JD group.
Below a brief description of all the retailers contained in the graphic.
Massmart (MSM)
Probably the most general retailer of the list, selling anything from to clothes to electronics to household appliances. Famous warehouse group Makro being their single biggest brand they use to offset their products.
Shoprite (SHP)
Well known general retailer Shoprite is the largest retailer in Africa with branches across the continent, though the major base for them is in South Africa. Whereas Woolworths focusses on the more upper market clients, SHP's major clientele is the lower to lower middle income groups. But in recent times SHP has worked to offer more premium shopping experience (emulating the success of rivals Woolworths).
Woolworths (WHL)
Years ago if someone asked what Woolworth's core business is people would have said that Woolworths is a clothing retailer only. But over the last decade Woolworths Foods has made massive headway in the food retailing industry. They known for selling top quality food via these shops and other food retailers are now looking to catch up the "premium" food segment that was trail blazed by Woolworths.
Mr Price Group (MRP)
Starting out life as a clothing retailer catering to the lower income spenders, MRP now has a Mr Price Home, Mr Price Sport. Their product offering has been diversified significanly over the years. Their share price has had a rather volatile ride over the last two years, with earnings disappointments in recent times seeing the share price punished. Clothing retailers such as H&M stealing massive market share from local clothing retailers.
Truworths (TRU)
Clothing specialist Truworths owns a number of clothing outlets including Naartjie, Truworths, Uzzi, LTD, Earthaddict, Daniel Hetcher. TRU is different to most of the other retailers in this comparison as its sole focus is that of clothing while most of the other retailers have a more diversified product base it is selling.
Cashbuild (CSB)
The only building supplier in the comparison, CSB has been an exceptionally strong performer over the years, and one would be hard pressed to go to any decent sized town and not find a CSB branch. CSB supplies all kinds of building materials and DIY machinery and equipment. With house renovations increasing in recent years, the demand for the goods and services they supply has remained robust.
Foshini (FOS)
Another general retailer, Foshini is the last in the list of retailers in this comparison graphic. Most people would assume that Foshini is just a clothing retailers but they own brands such as @home giving them exposure to household goods and fittings market other than the clothing market covered by their brands that include Due South, Foshini, Total Sports, Sports Scene, Fabiani to name but a few.
Below a brief description of all the retailers contained in the graphic.
Massmart (MSM)
Probably the most general retailer of the list, selling anything from to clothes to electronics to household appliances. Famous warehouse group Makro being their single biggest brand they use to offset their products.
Shoprite (SHP)
Well known general retailer Shoprite is the largest retailer in Africa with branches across the continent, though the major base for them is in South Africa. Whereas Woolworths focusses on the more upper market clients, SHP's major clientele is the lower to lower middle income groups. But in recent times SHP has worked to offer more premium shopping experience (emulating the success of rivals Woolworths).
Woolworths (WHL)
Years ago if someone asked what Woolworth's core business is people would have said that Woolworths is a clothing retailer only. But over the last decade Woolworths Foods has made massive headway in the food retailing industry. They known for selling top quality food via these shops and other food retailers are now looking to catch up the "premium" food segment that was trail blazed by Woolworths.
Mr Price Group (MRP)
Starting out life as a clothing retailer catering to the lower income spenders, MRP now has a Mr Price Home, Mr Price Sport. Their product offering has been diversified significanly over the years. Their share price has had a rather volatile ride over the last two years, with earnings disappointments in recent times seeing the share price punished. Clothing retailers such as H&M stealing massive market share from local clothing retailers.
Truworths (TRU)
Clothing specialist Truworths owns a number of clothing outlets including Naartjie, Truworths, Uzzi, LTD, Earthaddict, Daniel Hetcher. TRU is different to most of the other retailers in this comparison as its sole focus is that of clothing while most of the other retailers have a more diversified product base it is selling.
Cashbuild (CSB)
The only building supplier in the comparison, CSB has been an exceptionally strong performer over the years, and one would be hard pressed to go to any decent sized town and not find a CSB branch. CSB supplies all kinds of building materials and DIY machinery and equipment. With house renovations increasing in recent years, the demand for the goods and services they supply has remained robust.
Foshini (FOS)
Another general retailer, Foshini is the last in the list of retailers in this comparison graphic. Most people would assume that Foshini is just a clothing retailers but they own brands such as @home giving them exposure to household goods and fittings market other than the clothing market covered by their brands that include Due South, Foshini, Total Sports, Sports Scene, Fabiani to name but a few.
17 August 2017: The restaurants
In the first of our sector comparisons we will take a look at the restaurants This comparison will include Famous Brands (FBR), Taste Holdings (TAS), Grand Parade (GPL) and Spur (SUR). We will provide a brief overview of each of the above mentioned shares and then provide the interactive graphic comparing the share price performance of the shares mentioned above.
Famous Brands (FBR)
Famous Brands is the largest listed restaurant/franchising food business listed on the JSE. They own brands such as House of Coffees, Mugg and Bean, Wimpy, Vovo Telo, Steers, FishAways, Tashas, Turn 'n Tender, Debonairs Pizza, Keg, Milky Lance, Wakaberry and Mythos to name but a few. They also manufacture and supply and transport goods used in their restaurants, which means they are "vertically integrated".
Taste Holdings (TAS)
Taste holdings is trying to replicate the success of FBR by running a very similar business model. However they decided to add a few international brands to their portfolio, and cost of setting up these restaurants have eroded their profits and their future prospects does look rather gloomy.
Taste's food brands include: Starbucks, Domino's Pizza, The Fish and Chip Co, Maxi's and Zebro's Braaied Chicken.
Grand Parade Investments (GPL)
Grand Parade Investments started out life as an investment holding company in parts of Sun International casino's such as GrandWest Casino, Golden Valley (Worcester casino). Readers might think it odd then that it is included in this comparison? Hassen Adams one of the founding fathers of GPL has a history and background in the food industry, and it is not surprising the GPL made investments in that industry too. GPL has the franchising rights for Burger King in South Africa and they acquired a 10% stake in Spur (SUR), the last company in the comparison and the company we will look at next.
Spur Corporation (SUR)
Spur Corporation is made up by my companies than just the Spur Steak Ranches that everyone knows. They own a number of other brands and stakes in other brands. Their list of restaurants or franchises include: Spur Steak Ranches, RocoMama's, Panarotti's Pizza Pasta, Captain Dorego's, John Dory's, Casa Bella, The Hussar Grill
And similarly to FBR, they manufacture sauces and condiments and other products to be used in their stores. Thus they have a very strong manufacturing and distribution arm and is vertically integrated too.
Famous Brands is the largest listed restaurant/franchising food business listed on the JSE. They own brands such as House of Coffees, Mugg and Bean, Wimpy, Vovo Telo, Steers, FishAways, Tashas, Turn 'n Tender, Debonairs Pizza, Keg, Milky Lance, Wakaberry and Mythos to name but a few. They also manufacture and supply and transport goods used in their restaurants, which means they are "vertically integrated".
Taste Holdings (TAS)
Taste holdings is trying to replicate the success of FBR by running a very similar business model. However they decided to add a few international brands to their portfolio, and cost of setting up these restaurants have eroded their profits and their future prospects does look rather gloomy.
Taste's food brands include: Starbucks, Domino's Pizza, The Fish and Chip Co, Maxi's and Zebro's Braaied Chicken.
Grand Parade Investments (GPL)
Grand Parade Investments started out life as an investment holding company in parts of Sun International casino's such as GrandWest Casino, Golden Valley (Worcester casino). Readers might think it odd then that it is included in this comparison? Hassen Adams one of the founding fathers of GPL has a history and background in the food industry, and it is not surprising the GPL made investments in that industry too. GPL has the franchising rights for Burger King in South Africa and they acquired a 10% stake in Spur (SUR), the last company in the comparison and the company we will look at next.
Spur Corporation (SUR)
Spur Corporation is made up by my companies than just the Spur Steak Ranches that everyone knows. They own a number of other brands and stakes in other brands. Their list of restaurants or franchises include: Spur Steak Ranches, RocoMama's, Panarotti's Pizza Pasta, Captain Dorego's, John Dory's, Casa Bella, The Hussar Grill
And similarly to FBR, they manufacture sauces and condiments and other products to be used in their stores. Thus they have a very strong manufacturing and distribution arm and is vertically integrated too.
Below the interactive graphic showing the share price performance of the various shares discussed above over the last 4 years. As readers adjust the dates (or the zoom), the returns will be recalculated over that specific time period. If only one share is selected it will show the share price of that share over time. If multiple shares are selected the axis change and the percentage return made by each share over the selected time period will be calculated.